by | Jun 4, 2024 | LawSite, legal matters
Last week, I reported here that researchers at Stanford University planned to augment a study they released of generative AI legal research tools from LexisNexis and Thomson Reuters, in which it found that they deliver hallucinated results more often than the...
by | Jun 4, 2024 | LawSite, legal matters
LexisNexis Legal & Professional said today that it has entered into an agreement to acquire Henchman, a Belgium-based contract drafting legal technology company. LexisNexis said it is acquiring the company for its document management system that enable...
by | May 31, 2024 | LawSite, legal matters
I am running out the door, but this news just broke. Here is the unedited announcement: KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted...
by | May 30, 2024 | LawSite, legal matters
In a move designed to expand its products for online dispute resolution, the American Arbitration Association has acquired ODR.com, a company that builds ODR systems, and its parent company, Resourceful Internet Solutions Inc. (RIS), which also owns Mediate.com,...
by | May 30, 2024 | LawSite, legal matters
Legal editing software company BriefCatch has expanded its management team with the hiring of three legal technology veterans to key positions. The hires follow the company’s raise last year of $3.5 million in an oversubscribed seed round. At the time of the raise,...
by | May 29, 2024 | LawSite, legal matters
Document management company iManage and legal research company vLex now have something else in common besides brand names that start with lower-case letters. The two companies today announced a partnership that will combine the artificial intelligence and...